H-P Stock Seeks Life After Debt

Michael Dell thinks a little financial engineering can do wonders for his stock. A similar, though far less complicated, maneuver might also boost Meg Whitman's.

The Hewlett-Packard chief executive has said turning around the company will take a few years. So some observers argue she should just break it into pieces instead. They point to analyses suggesting H-P is worth less than the sum of its parts. Indeed, it could make sense to...